The Straits Times carried a news report on the signing of a banking deal between PIL and Industrial and Commercial Bank of China (ICBC). 

This banking deal will see ICBC providing a range of financial services such as shipping and trade financing, structured financing, international exchange and settlement. 

For more details:
http://www.straitstimes.com/business/companies-markets/shipowner-pil-signs-banking-deal-with-icbc